Global ESG Reporting Software Market Size is valued at USD 0.91 Billion in 2024 and is predicted to reach USD 3.3 Billion by the year 2034 at a 14.0% CAGR during the forecast period for 2025-2034.
Eco-friendly, social, and governance (ESG) reporting, a type of corporate disclosure, outlines a firm's environmental, social, and governance dedications, efforts, and developments. Because of the need for inexpensive storage due to the increase in data, cloud-based information management infrastructures are frequently adopted. It is favoured because it requires less support from IT infrastructure, can be implemented quickly and predictably, upgrades automatically and seamlessly, and can be used more easily with cloud-based data.
As a result, businesses are implementing new methods and technology more frequently in order to lower energy expenses and adhere to energy-efficiency laws. Governments everywhere are setting higher goals for pollution restrictions and energy standards. Through the application of real-time data-driven predictive modelling methodologies, big data and analytics technologies are assisting enterprises in the energy sector in lowering their overall operating expenses. Analytics investment has surged across a number of industries, including banking, finance and insurance, healthcare, and E&U, as a result of these advantages.
However, businesses will spend a lot of money integrating EHS infrastructure with their current software. Adoption by SMEs can be extremely difficult due to associated costs, such as the high initial cost, which limits the adoption's potential. Because of this, integrating environmental, sustainability, and governance (ESG) reporting tools with enterprise resource planning (ERP) systems is becoming increasingly difficult./ The COVID-19 pandemic has had an adverse effect on the regional market for ESG reporting software. This is because it has caused several end-use businesses to cease operations, including electricity, oil and gas, chemicals, and others.
The ESG Reporting Software market is segmented based on component, deployment type, organization size, and vertical. As per the component, the market is divided into Solutions and services. The deployment type segment comprises on-premises and cloud. As per the organization size, the market is divided into large Enterprises and SMEs. According to vertical, the market is divided into BFSI, government, public sector & non-profit, and retail.
The cloud ESG reporting software is expected to hold a significant global market share in 2022 because of the growing popularity of cloud-based solutions and the advantages of cloud-based deployment, like easy accessibility and lower capital costs.
The SME segment is projected to grow rapidly in the global digital substation market because it has also been demonstrated that ESG activities increase staff productivity, cut costs, and improve efficiencies for SMEs. While the adoption of statutory ESG regulations is still sluggish, SMEs can gain an advantage by locating pertinent voluntary frameworks and aligning their ESG priorities with industry best practices. By doing this, they are able to take advantage of their advantage over slower-moving rivals, especially in countries like the US, Germany, the UK, China, and India.
The North American ESG reporting software market is expected to register the greatest market share in revenue in the near future. It can be attributed that environmental risks have been reduced by the widespread use of environmental, sustainability, and governance (ESG) reporting software. In addition, It is projected that improving reimbursement guidelines and building out the healthcare infrastructure will spur market expansion. In addition, Asia Pacific is estimated to expand rapidly in the global digital substation market, boosted by increased demand for power in the ESG software market during the coming years, owing to breast cancer rates and the use of advanced diagnostic techniques.
Report Attribute |
Specifications |
Market Size Value In 2024 |
USD 0.91 Billion |
Revenue Forecast In 2034 |
USD 3.3 Billion |
Growth Rate CAGR |
CAGR of 14.0% from 2025 to 2034 |
Quantitative Units |
Representation of revenue in US$ Mn and CAGR from 2025 to 2034 |
Historic Year |
2021 to 2024 |
Forecast Year |
2025-2034 |
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
Segments Covered |
By Component, By Deployment Type, By Organization Size, By Vertical |
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
Competitive Landscape |
Wolters Kluwer (Netherlands), Nasdaq (US), PwC (UK), Workiva (US), Refinitiv (UK), Diligent (US), Sphera (US), Cority (Canada), Intelex (Canada), Greenstone (UK), Novisto (Canada), Emex (Ireland), Enhelix (US), Anthesis (UK), Diginex (Hong Kong), Bain & Co. (US), Keramida (US), Isometrix (US), Accuvio (acquired by Diligent) (US). |
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global ESG Reporting Software Market Snapshot
Chapter 4. Global ESG Reporting Software Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Component Estimates & Trend Analysis
5.1. By Component, & Market Share, 2024 & 2034
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Component:
5.2.1. Solutions
5.2.2. Services
Chapter 6. Market Segmentation 2: By Deployment type Estimates & Trend Analysis
6.1. By Deployment type & Market Share, 2024 & 2034
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Deployment type:
6.2.1. On-premises
6.2.2. Cloud
Chapter 7. Market Segmentation 3: By Organization Size Estimates & Trend Analysis
7.1. By Organization Size & Market Share, 2024 & 2034
7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Organization Size:
7.2.1. SMEs
7.2.2. Large Enterprises
Chapter 8. Market Segmentation 4: By Vertical Estimates & Trend Analysis
8.1. By Vertical & Market Share, 2024 & 2034
8.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Vertical:
8.2.1. Banking, Financial Services, and insurance
8.2.2. IT and ITeS
8.2.3. Government and Public Sector
8.2.4. Manufacturing
8.2.5. Retail and Consumer Goods
8.2.6. Healthcare and Life Sciences
8.2.7. Energy and Utilities
8.2.8. Other Verticals
Chapter 9. ESG Reporting Software Market Segmentation 5: Regional Estimates & Trend Analysis
9.1. North America
9.1.1. North America ESG Reporting Software Market revenue (US$ Million) estimates and forecasts By Component, 2021-2034
9.1.2. North America ESG Reporting Software Market revenue (US$ Million) estimates and forecasts By Deployment type, 2021-2034
9.1.3. North America ESG Reporting Software Market revenue (US$ Million) estimates and forecasts By Organization Size, 2021-2034
9.1.4. North America ESG Reporting Software Market revenue (US$ Million) estimates and forecasts By Vertical, 2021-2034
9.1.5. North America ESG Reporting Software Market revenue (US$ Million) estimates and forecasts by country, 2021-2034
9.2. Europe
9.2.1. Europe ESG Reporting Software Market revenue (US$ Million) By Component, 2021-2034
9.2.2. Europe ESG Reporting Software Market revenue (US$ Million) By Deployment type, 2021-2034
9.2.3. Europe ESG Reporting Software Market revenue (US$ Million) By Organization Size, 2021-2034
9.2.4. Europe ESG Reporting Software Market revenue (US$ Million) By Vertical, 2021-2034
9.2.5. Europe ESG Reporting Software Market revenue (US$ Million) by country, 2021-2034
9.3. Asia Pacific
9.3.1. Asia Pacific ESG Reporting Software Market revenue (US$ Million) By Component, 2021-2034
9.3.2. Asia Pacific ESG Reporting Software Market revenue (US$ Million) By Deployment type, 2021-2034
9.3.3. Asia Pacific ESG Reporting Software Market revenue (US$ Million) By Organization Size, 2021-2034
9.3.4. Asia Pacific ESG Reporting Software Market revenue (US$ Million) By Vertical, 2021-2034
9.3.5. Asia Pacific ESG Reporting Software Market revenue (US$ Million) by country, 2021-2034
9.4. Latin America
9.4.1. Latin America ESG Reporting Software Market revenue (US$ Million) By Component, (US$ Million) 2021-2034
9.4.2. Latin America ESG Reporting Software Market revenue (US$ Million) By Deployment type, (US$ Million) 2021-2034
9.4.3. Latin America ESG Reporting Software Market revenue (US$ Million) By Organization Size, (US$ Million) 2021-2034
9.4.4. Latin America ESG Reporting Software Market revenue (US$ Million) By Vertical, (US$ Million) 2021-2034
9.4.5. Latin America ESG Reporting Software Market revenue (US$ Million) by country, 2021-2034
9.5. Middle East & Africa
9.5.1. Middle East & Africa ESG Reporting Software Market revenue (US$ Million) By Component, (US$ Million) 2021-2034
9.5.2. Middle East & Africa ESG Reporting Software Market revenue (US$ Million) By Deployment type, (US$ Million) 2021-2034
9.5.3. Middle East & Africa ESG Reporting Software Market revenue (US$ Million) By Organization Size, (US$ Million) 2021-2034
9.5.4. Middle East & Africa ESG Reporting Software Market revenue (US$ Million) By Vertical, (US$ Million) 2021-2034
9.5.5. Middle East & Africa ESG Reporting Software Market revenue (US$ Million) by country, 2021-2034
Chapter 10. Competitive Landscape
10.1. Major Mergers and Acquisitions/Strategic Alliances
10.2. Company Profiles
10.2.1. Wolters Kluwer (Netherlands),
10.2.2. Nasdaq (US),
10.2.3. PwC (UK),
10.2.4. Workiva (US),
10.2.5. Refinitiv (UK),
10.2.6. Diligent (US),
10.2.7. Sphera (US),
10.2.8. Cority (Canada),
10.2.9. Intelex (Canada),
10.2.10. Greenstone (UK),
10.2.11. Novisto (Canada),
10.2.12. Emex (Ireland),
10.2.13. Enhelix (US),
10.2.14. Anthesis (UK),
10.2.15. Diginex (Hong Kong),
10.2.16. Bain & Co. (US),
10.2.17. Keramida (US),
10.2.18. Isometrix (US)
ESG Reporting Software Market By Component-
ESG Reporting Software Market By Deployment Type-
ESG Reporting Software Market By Organization Size-
ESG Reporting Software Market By Vertical-
ESG Reporting Software Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.